United States or France ? Vote for the TOP Country of the Week !
Poor little Alice! The flurry in the money-market gradually increased to a storm. Confidence was destroyed, and business at a stand. The daily bulletins of failures formed the chief topic of conversation. The merchants and bankers, especially those who held Western lands, Western securities, or Western credits, went down one after another. Houses tumbled like a row of bricks.
Men who daily look at the state of the money-market glance over prices current; discuss the probable crops of corn, cotton, sugar, wool, silk; weigh the chances of war; and from these data decide on their mercantile operations; are students of social science: empirical and blundering students it may be; but still, students who gain the prizes or are plucked of their profits, according as they do or do not reach the right conclusion.
"But who would take the trouble to obtain the melancholy satisfaction of deceiving the world in such a manner for a short time?" "Oh, there are many who would be interested in doing so. In the course of every war such false reports are always floating about, in most cases without their origin being known. It may be a money-market manoeuvre."
Word Of The Day